C Union or Dealership Finance

Hi

I am about to purchase a car for 10k and was going to get the full loan from the Credit Union 11.06% APR. However the Dealership said they could give me 6.5% over 5yrs fixed. Sounds to me like the Dealership's finance co. have the better deal but is there something i'm missing here? Something to look out for usually in these cases?

rgds

00lk

Is your credit union aware it is a loan for a car?
The credit union I am a member of in Galway has a standard loan rate of 9.5%(9.9%) but has a special car loan rate of 6.5% (6.7%APR). With the loan interest rebate/free loan protection insurance(loans die with you)/no penalties for early payback I would personally choose it above a dealership finance. Plus (historically at least) it is easier to renegotiate payments with a credit union if things get tough for you.